Best New Car Deals: April 2018

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - April 9, 2018

We analyzed hundreds of new car deals to uncover the best discounts in April. In some cases, we’ve found savings worth up to 22% off MSRP and incentives worth up to $3,000 for switching brands.

Here you’ll find the most noteworthy discounts on SUVs, cars and trucks. We’ll be updating this page as new offers are announced, so check back for updated information.

Best SUV Deals This Month

2018 Jeep Cherokee
  • Best Deal: Up to $5,500 off MSRP
  • MSRP: From $25,840
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 21/30
  • Expires: April 30, 2018

Why it's a great deal: With up to $5,500 in savings, the Cherokee features some of the biggest discounts in its class. The catch is that you’ll have to finance at standard rates to qualify for $500 of that from Chrysler Capital.

Alternatively, Jeep is offering 0% APR for 60 months plus $1,000 cash. However, our analysis shows you’d probably save a lot more money with the rebates.

On a $28,000 vehicle, taking the 0% offer would result in a cost of $27,000. With the rebate, it would be $24,257, assuming a 5-year loan at 3%. That’s a $2,743 advantage in favor of rebates.

Where you can find this deal: These are California offers, but deals in other parts of the country may be similar. Get your custom quote »

2018 Chevrolet Equinox
  • Best Deal: Up to $5,000 off MSRP
  • MSRP: From $24,575
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): 26/32
  • Expires: April 30, 2018

Why it's a great deal: It’s a great time to buy a 2018 Equinox with as much as $5,000 in available savings. The downside is that your discounts will vary depending on which style you choose.

First, there’s $750 in down payment assistance when financing at non-promotional rates. Next, there’s a $2,500 bonus for anyone coming from a non-GM vehicle. So far, that’s $3,250 off MSRP.

Next, Chevy is offering Supplier Pricing. On well-equipped styles, the automaker says that can equate to $1,750 in savings. Altogether, that comes out to $5,000 in available discounts.

Where you can find this deal: These are national promotions. Get your custom quote »

2017 GMC Acadia
  • Best Deal: Up to $7,050 off MSRP
  • MSRP: From $29,995
  • Passenger Capacity: Up to 7
  • MPG (City/Hwy): Up to 21/26
  • Expires: April 30, 2018

Why it's a great deal: The GMC Acadia 7-passenger SUV features some pretty impressive discounts, but you’ll have to know how to stack the right offers. Here’s the full breakdown.

First, all versions are eligible for a $750 rebate. However, offers heavily favor SLT and Denali versions with a whopping $4,800 bonus. Other styles are only eligible for a bonus worth $1,000.

Altogether, that’s $5,550 in combined savings. But that’s not all.

If you’re coming from a non-GM lease, you may be eligible for a $1,500 competitive lessee incentive. That brings your combined savings to $7,050, one of the better deals in recent months.

Having said all that, GM has been known to offer 17% off sticker price around holidays. Offers like that could be in store closer to Memorial Day and may be worth waiting for.

Where you can find this deal: These are national promotions. Get your custom quote »

2018 Ford Expedition
  • Best Deal: Up to $3,000 off MSRP
  • MSRP: From $52,985
  • Passenger Capacity: Up to 8
  • MPG (City/Hwy): Up to 17/24
  • Expires: July 9, 2018

Why it's a great deal: Discounts on the all-new Expedition have quickly ramped up. However, there’s a catch worth knowing about because some versions are a better deal than others.

This month, XL and XLT styles are eligible for a $2,000 rebate plus a $1,000 bonus when financing at non-promotional rates. Altogether, that’s $3,000 in savings, a $1,000 increase over March.

In contrast, Limited and Platinum versions are only eligible for a total of $1,500. That means entry-level Expeditions are eligible for twice the savings of better-equipped styles.

Where you can find this deal: These are California promotions, but similar offers may be available in other parts of the country. Get your custom quote »

Research all crossovers with the biggest rebates »

Research all SUVs with the biggest rebates »

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Best Car Deals This Month

2018 Chevrolet Cruze
  • Best Deal: Up to $5,000 off MSRP
  • MSRP: From $17,850
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 29/40
  • Expires: April 16, 2018

Why it's a great deal: If you’re looking to buy a 2018 Cruze sooner rather than later, there’s an early-month deal worth knowing about. Through April 16, Chevy is offering a flat 20% discount on LT models.

On well-equipped cars, that can equate to over $5,000 in savings off MSRP. That’s considerably better than this month’s standard rebate of just $2,000.

Where you can find this deal: This is a national promotion. Get your custom quote »

2017 Hyundai Veloster
  • Best Deal: Up to $4,500 off MSRP
  • MSRP: From $20,085
  • Passenger Capacity: Up to 4
  • MPG (City/ Hwy): Up to 28/35
  • Expires: April 30, 2018

Why it's a great deal: With a redesigned 2019 Veloster expected this year, discounts on the outgoing version are extremely strong. This month, Hyundai is offering up to $4,500 in factory incentives.

In the case of an entry-level car, this represents a 22.4% discount off MSRP. You’ll have a tough time finding a better deal on a vehicle with such a low starting price.

Where you can find this deal: This month’s deal features a $4,000 national incentive and a $500 bonus available in Western States. Get your custom quote »

2018 Chevrolet Malibu
  • Best Deal: Up to $5,219 off MSRP
  • MSRP: From $22,555
  • Passenger Capacity: Up to 5
  • MPG (City/ Hwy): Up to 27/36
  • Expires: April 16, 2018

Why it's a great deal: Through April 16, the Malibu LT is eligible for a 20% discount off MSRP. That’s worth at least $5,219 in savings, an impressive amount for a midsize car.

Although Chevy is offering an option to instead take 0% APR for 72 months plus a $500 bonus, you’d probably save more money with the 20% offer.

On a $26,000 car, your cost with the 0% deal would be $25,500. With the 20% offer, it would be $22,404 assuming a 5-year loan at 3%. That’s a $3,096 reason not to take 0% APR.

Where you can find this deal: These are national promotions. Get your custom quote »

2018 Toyota Avalon
  • Best Deal: Up to $5,000 off MSRP
  • MSRP: From $34,395
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 21/30
  • Expires: April 30, 2018

Why it's a great deal: Toyota has turned up the heat on Avalon discounts prior to the arrival of the completely redesigned 2019 Avalon with up to a $5,000 rebate in some cities.

Interestingly, the Avalon may prove to be a smarter purchase than the less-expensive Camry. That’s because in most parts of the country, the Camry features no rebates to speak of.

Next to an Avalon XLE, you may find prices for a new Camry XLE to be nearly identical depending on the sort of discount your dealer is willing to pass along.

Where you can find this deal: This is a regional offer you can find in places like Southern California. Get your custom quote »

2018 Cadillac CT6
  • Best Deal: Up to $8,000 off MSRP
  • MSRP: From $55,090
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 22/30
  • Expires: April 30, 2018

Why it's a great deal: The luxurious Cadillac CT6 features a confusing array of discounts to take advantage of. To start, there’s a $2,000 cash incentive that’s available to everyone.

Next, there’s a $3,000 bonus that you can get simply for coming from a competitor. Finally, there’s a $2,000 incentive available on specially-tagged cars.

To top it off, well-qualified buyers can combine the $8,000 in savings with 1.9% APR for 60 months.

Where you can find this deal: These are national offers. Get your custom quote »

Research all sedans with the biggest rebates »

Research all hatchbacks with the biggest rebates »

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Best Truck Deals This Month

2018 GMC Canyon
  • Best Deal: Up to $5,000 off MSRP
  • MSRP: From $22,095
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 20/26
  • Expires: April 30, 2018

Why it's a top pick: With $5,000 in savings, the 2018 GMC Canyon features much better discounts than its corporate sibling, the Chevy Colorado. However, there are some quirks worth knowing about.

First, you’ll have to take advantage of a $2,000 bonus that you can only get when trading-in a vehicle. Next, you’ll have to be eligible for a $3,000 bonus for coming from a non-GM car or truck.

GM is also offering 0% APR for 72 months, but it can’t be combined with the bonuses above. On a $26,000 truck, you’d save about an extra $3,000 with the bonuses assuming a 5-year loan at 3%.

Where you can find this deal: This month’s trade-in bonus is available nationally. However, the conquest bonus is only available in Western States. Get your custom quote »

Research all trucks with the biggest rebates »

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Prefer to lease? See the best lease deals this month »

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website